Summary
4EV0 Chart
Electrovaya Receives Additional US$6.3 Million Order for Fortune 100 Customer
This purchase order is a follow on from other orders received during the fiscal year from the same end customer with a cumulative total over $16 million Further demands for additional sites expected later in the year TORONTO, ON / ACCESS Newswire / June 3, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received purchase orders through its OEM sales channel valued at approximately US$6.3 million. The batteries will be used by a leading Fortune 100 e-commerce company in the United States for powering material handling electric vehicles in multiple distribution centers.
Electrovaya To Host Investor Webcast on June 3, 2025
TORONTO, ONTARIO / ACCESS Newswire / May 27, 2025 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that it will host an investor webcast presentation on June 3, 2025 at 2:00 PM EDT. During the webcast, Dr. Raj DasGupta.
Electrovaya: In-Line Quarter But Execution Risks Remain - Hold
Lithium-ion battery system manufacturer Electrovaya reported Q2/FY2025 results largely in line with expectations. While Adjusted EBITDA reached a new all-time high, unfavorable working capital movements resulted in substantially negative free cash flow. Due to recently imposed tariffs, the company had to pull forward the start-up of assembly operations at its new U.S. facility.
Electrovaya Inc. Dividends
Electrovaya Inc. Earnings
| 12 May 2025 Date | | 0.03 Cons. EPS | 0.02 EPS |
| 10 Feb 2025 Date | | - Cons. EPS | - EPS |
| 31 Dec 2024 Date | | - Cons. EPS | - EPS |
| 13 Aug 2024 Date | | 0.05 Cons. EPS | - EPS |
| 12 Aug 2024 Date | | 0.05 Cons. EPS | - EPS |
| 12 May 2025 Date | | 0.03 Cons. EPS | 0.02 EPS |
| 10 Feb 2025 Date | | - Cons. EPS | - EPS |
| 31 Dec 2024 Date | | - Cons. EPS | - EPS |
| 13 Aug 2024 Date | | 0.05 Cons. EPS | - EPS |
| 12 Aug 2024 Date | | 0.05 Cons. EPS | - EPS |
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Electrovaya Inc. Profile
| Electrical Equipment & Parts Industry | Industrials Sector | Dr. Rajshekar Das Gupta Ph.D. CEO | XMUN Exchange | CA28617B6061 ISIN |
| CA Country | 97 Employees | - Last Dividend | 16 Jun 2023 Last Split | 8 Jan 2016 IPO Date |
Overview
Electrovaya Inc. is at the forefront of advanced energy solutions, specializing in the design, development, manufacturing, and sale of lithium-ion batteries, battery management systems, and related products for energy storage and clean electric transportation. The company's reach extends across North America, catering to a variety of specialized applications. Initially founded as Electrofuel Inc. in 1996, the entity rebranded to Electrovaya Inc. in March 2002, marking a significant evolution in its operational focus. Headquartered in Mississauga, Canada, Electrovaya has positioned itself as a key player in the shift towards environmentally friendly and efficient electric power technologies.
Products and Services
- Lithium-Ion Batteries and Systems for Materials Handling Electric Vehicles:
Electrovaya produces high-quality lithium-ion batteries and systems specifically designed for electric material handling vehicles. These include forklifts and automated guided vehicles (AGVs). The company's solutions offer substantial advantages in terms of energy efficiency, reliability, and operational lifespan over traditional power sources for industrial vehicles.
- Battery Chargers:
To complement its range of lithium-ion batteries, Electrovaya provides specialized battery chargers. These chargers are engineered to efficiently and safely charge the company's advanced battery systems, ensuring they are optimally maintained and ready for prolonged use in various industrial and transportation settings.
- Electromotive Power Products for Electric Trucks and Buses:
Electrovaya's portfolio extends to electromotive power products tailored for heavier transportation applications, including electric trucks and buses. These innovations cater to the growing demand for more sustainable public and freight transportation options by providing durable, high-capacity power solutions.
- Industrial Products for Energy Storage:
The need for reliable and efficient energy storage solutions in industrial settings is met with Electrovaya's cutting-edge products. Catering to applications such as grid energy storage and backup power systems, the company offers versatile and robust solutions that support the integration of renewable energy sources and enhance energy security.
- Power Solutions and System Building:
Electrovaya demonstrates its broad technical competencies by offering power solutions that include the development and construction of systems for third parties. This service underscores the company's flexibility and expertise in tailoring its technological innovations to meet the specific needs of clients across different sectors.
Contact Information
